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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 293.27+0.5%Nov 14 9:30 AM EST

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To: Stock Watcher who wrote (2360)2/8/1999 12:52:00 PM
From: StkProfit$   Read Replies (1) of 52051
 
(Edited)If you look at the 3mo chart on SFLK,,,you'll see a gap at $5 during the runup. So imo, $5 was the buyin range (came back and filled the gap today,,,Not only that, but we had an intraday double bottom just before noon,,,another up indicator.
bigcharts.com
bigcharts.com
So, unless of course you got in before 12noon, I doubt you'll get a better price,,,but I hope you DO!

Also, the stock originally sold at $5,,,,so it makes sense the mm's dragged it down to the sub $5 level to see how it played. (IMO, they wanted to see if more panic selling or strong buying would play into the stock,,,,and of course, the buying came in both times to bring it back up to the $5 level.) JMHO

GL,
-Mark

PS I COULD BE RIGHT!!
PS i could be dead wrong
:-))
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